Core AI Holdings’ shareholders’ Equity was $2,429,389, below Nasdaq’s $2,500,000 minimum for continued common-share listing. The company plans to submit a compliance plan by November 2, with Nasdaq able to provide an extension to March 17, while failure to regain compliance can lead to delisting.
Key Highlights
- Nasdaq requires $2,500,000 in shareholders’ equity for continued listing of Core AI Holdings’ common shares.
- Core AI Holdings reported shareholders’ equity of $2,429,389 as of June 30, 2026.
- Core AI Holdings intends to submit a compliance plan by November 2, 2026.
Core AI Holdings, Inc. (NASDAQ: CHAI) is a packaged software company. Its shareholders’ equity stood at $2,429,389 as of June 30, below Nasdaq’s $2,500,000 threshold for continued trading of its common shares. Core AI Holdings said the notification does not affect its Business operations, strategic initiatives or Nasdaq trading.
Nasdaq Equity Shortfall Sets Compliance Deadline
Nasdaq notified Core AI Holdings on September 18 that its equity position did not meet the continued-listing standard under Nasdaq Listing Rule 5550(b)(1). Core AI Holdings intends to submit a plan by November 2 and anticipates that the plan will demonstrate restored compliance. If Nasdaq accepts the plan, the company could receive additional time to regain compliance through March 17.
Trading Continues While Nasdaq Reviews Compliance
The Nasdaq notification leaves the company’s operations, strategic initiatives and common-share trading unaffected. If Nasdaq rejects the proposed plan, or Core AI Holdings does not regain compliance, Nasdaq will provide notice that the common shares are subject to delisting. Core AI Holdings identifies Aitan Zacharin as its Chief Executive Officer.
FAQs
Q: What is Core AI Holdings’ Nasdaq equity requirement?
A: Nasdaq requires Core AI Holdings to maintain at least $2,500,000 in shareholders’ equity for continued listing of its common shares.
Q: How much shareholders’ equity did Core AI Holdings report?
A: Core AI Holdings’ unaudited consolidated balance sheet showed shareholders’ equity of $2,429,389 as of June 30.
Q: When must Core AI Holdings submit its Nasdaq compliance plan?
A: Core AI Holdings intends to provide its plan by November 2. If accepted, Nasdaq may allow compliance efforts to continue through March 17.
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